Navigation Links
Cray reports $54.5 million loss, plans layoff in Chippewa Falls

Large backorders and new product pipeline provide positive outlook

CHIPPEWA FALLS, Wis. Supercomputer manufacturer Cray Inc. plans to lay off workers at its Chippewa Falls plant in reaction to a second-quarter loss. However, the company has a recorded a significant increased order backlog of $126 million, an increase from its projections of $51 million and up from $75 million in t......

Full article >>> in part due to the delayed development of three new Cray products because of difficulty procuring certain components. Consequently, these products validation and subsequent introduction has been pushed back from the third quarter to the fourth of this year.

We have suppliers and if they dont come in on a timely fashion we cant validate the design and introduce [the product] as quickly as ......

Full article >>> ut Cray bringing this architecture back to the forefront of supercomputing."

Additionally, the company has reported that Beta shipments of the Cray XD1 product (acquired via the OctigaBay acquisition) have begun and the company expects modest revenue from the new product line to begin this quarter. Its next generation vector product, the Cray X1E, is expected to generate revenue in the fi......

Full article >>>
'"/>

Source:wistechnology.com By Kristin V. Johnson and Mike Klein 08/02/04


Related biology technology :

1. TomoTherapy reports 86% revenue jump, $131M net loss in Q1
2. Sonic Foundry reports GAAP loss as Q2 revenues rise
3. Fiserv reports $113.5 million in Q1 profit
4. Third Wave reports net loss of $18.9M for 2006
5. Musicnotes reports 45 percent growth in 2006
6. Sonic Foundry reports net loss, higher revenue
7. Sonic Foundry reports first cash-positive quarter
8. Merge Healthcare reports $10.8M net loss in Q3
9. Third Wave reports $5.2M third quarter loss
10. Merge Healthcare appoints new CEO, reports $215 million Q2 loss
11. Merge files financial reports by market opening
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:2/23/2017)... CARDIFF, UK (PRWEB) , ... February 22, 2017 ... ... for optics and photonics , have been named Fellows of the Society this ... and technical contributions in the multidisciplinary fields of optics, photonics, and imaging as ...
(Date:2/22/2017)... ... February 22, 2017 , ... Kernel , a human ... LLC (KRS) clinical development program. KRS is a neurotechnology spin-out from the ... clinical applications. The terms of the transaction were not disclosed. , It ...
(Date:2/22/2017)... DIEGO , Feb. 22, 2017  PrimeVax Immuno-Oncology, ... will be presenting at the Annual Biocom Global Life ... March 2, at 11:15 AM, at the Torrey Pines ... thankful to the organizers at Biocom who have chosen ... international symposium of biotechnology companies, investors, and clinical researchers," ...
(Date:2/22/2017)... Fort Washington, PA (PRWEB) , ... ... ... The Omnia-Prova Education Collaborative (TOPEC), the leading medical education provider of ... Accreditation with Commendation by the Accreditation Council for Continuing Medical Education (ACCME). ...
Breaking Biology Technology:
(Date:2/8/2017)... -- Aware, Inc. (NASDAQ: AWRE ), a leading supplier ... its quarter and year ended December 31, 2016. ... million compared to $6.9 million in the same quarter last ... $0.6 million compared to $2.6 million in the fourth quarter ... was $0.5 million, or $0.02 per diluted share, which compares ...
(Date:2/7/2017)... Ind. , Feb. 7, 2017 Zimmer ... leader in musculoskeletal healthcare, will present at the LEERINK ... New York Palace Hotel on Wednesday, February 15, 2017 ... live webcast of the presentation can be accessed at ... replay following the conference via Zimmer Biomet,s Investor Relations ...
(Date:2/2/2017)... , Feb. 2, 2017   TapImmune, ... clinical-stage immuno-oncology company specializing in the development of ... the treatment of cancer and metastatic disease, announced ... and GMP manufacturing of a second clinical lot ... targeting folate receptor alpha. The manufactured vaccine product ...
Breaking Biology News(10 mins):